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Siemens AG

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SynonymSiemensgenerallyreferstoSiemensAG.

DevelopmentHistory

Foundingofthecompany

October1,1847,ErnstWernervonSiemens(ErnstWernervonSiemens))ThecompanywasfoundedonthebasisofthetelegraphtechnologythatheinventedusingpointerstoindicatealphabeticalorderinsteadofMorsecode.ThecompanywassubsequentlycalledTelegraphen-BauanstaltvonSiemens&Halske.

SiemensLogo

In1848,thecompanybuiltItisthefirstlong-distancetelegraphlineinEurope,withaspanof500kilometersfromBerlintoFrankfurt.

In1850,thefounder'sbrother,CarlWilhelmSiemens(CarlWilhelmSiemens)establishedarepresentativeofficeinLondon.

Inthe1850s,thecompanyparticipatedintheconstructionofRussia'slong-distancetelegraphnetwork.

In1855,anotherbrotherofthefounder,CarlHeinrichvonSiemens,establishedanewbranchinSt.Petersburg.

Thecompanycontinuedtogrowandbegantogetinvolvedinelectrictrainsandlightbulbs.In1890,thefounderretiredandleftthecompanytohisyoungerbrotherKarlHeinrichandhistwosons,ArnoldvonSiemensandGeorgWilhelmvonSiemens.In1897,SiemensandHalskejointlyestablishedthecompanyS&H.

In1919,S&HandtwoothercompaniesjointlyestablishedtheOsramLightbulbCompany.

In1923,aJapanesebranchwasestablished.

DuringWorldWarII

Betweenthe1920sand1930s,S&Hbeganproducingradios,televisions,andelectronmicroscopes.BeforeWorldWarII,S&HwasinvolvedinGermansecretwarpreparations.

Between1937and1938(theJapanesearmycarriedouttheNanjingMassacreonNanjing),Rabe,manageroftheofficeofSiemensAGinNanjing,usedtobetheNanjingbranchoftheGermanNationalSocialistWorkersParty(NaziParty).WiththespecialstatusoftheDeputyMinister,heestablishedtheNanjingWartimeSecurityZoneinNanjing,China,andservedasthechairmanoftheSecurityZoneCommittee,protectingabout250,000Chinesecivilians.Heisknownasthe"LivingBodhisattva"and"China'sSchindler."

Post-wardevelopment

Inthe1950s,S&Hbegantoproducecomputers,semiconductorequipment,washingmachinesandpacemakers.

In1966,SiemensAG(SiemensAG)wasestablished.

In1967,SiemensAGandRobertBoschCo.,Ltd.establishedajointventure,BSHHomeAppliances(BSH),whichmainlyproduceswhitegoods,andlaterbecamealeaderinthehomeappliancemarketinGermanyandWesternEurope.

In1980,thecompany'sfirstdigitaltelephoneswitchwentoffline.

In1988,SiemensandGeneralElectricacquiredPlessey,aBritishdefenseandtechnologycompany.BecausetheholdersofPlesseyweresplit,Siemenstookoveritsavionics,radarandtrafficcontrolpartsandchangeditsnametoSiemensPlessey.

Nineties

In1990,SiemensacquiredthetroubledNixdorfComputerCompanyandchangeditsnametoSiemensNixdorfInformationsSystemAG(SiemensNixdorfInformationsSystemAG).ThecompanyisalreadyprofitableundertheleadershipofGerharSchumeyer.In1997,Siemenslaunchedthefirstcolor-screenGSMportablephone.Alsoin1997,SiemensreachedanagreementwithBritishAerospaceandDASAtoprovidethemwithdefenseequipmentproducedbySiemensPlessey.BritishAerospaceCorporationandDASAarerespectivelyresponsiblefortheprocurementofmilitaryequipmentintheUnitedKingdomandGermany.

In1999,Siemens'semiconductorbusinesswasseparatedandanewcompany,InfineonTechnologies,wasestablished.Inthesameyear,SiemensLidoxInformationSystemsCo.,Ltd.becameapartofFujitsu-SiemensComputerCorporation.

In2004,SiemensMobilelaunched65seriesmobilephonestothemarket.Thegooduserinterface,user-friendlyoperation,andpracticalfunctionaldesignmadethe65seriesmobilephoneswidelypopular.However,duetosoftwareproblems,SiemensmobilephoneswerenotNorecall,andtheacquisitionayearlaterlaidthegroundworkforit.

In2005,Taiwan’sBenQacquiredSiemens’mobilephonecompanyinfinancialcrisisandexclusivelyobtainedtheuseoftheSiemenstrademarkforfiveyears.ThefullnameisBenQ-Siemens.BeforetransferringthemobilephonecompanytoBenQ,Siemensinvested250millioneurosandcancelledassetsworth100millioneuros.Siemensalsoacquireda5%stakeofapproximately50millioneurosinBenQ.

OnOctober30,2006,SiemensannouncedtheestablishmentofSiemensChinaResearchInstituteinBeijing.

Siemenswasinvolvedinahugebriberycase,farmorethan426millioneuros,leadingtotheresignationofCEOKlausKleinfeld.

InMay2007,theBoardofSupervisorsofSiemensAGappointedLuoXudeasglobalpresidentandchiefexecutiveofficer.

InJuly2011,theBoardofSupervisorsofSiemensAGdecidedthatLuoXudewillcontinuetoserveasPresidentandChiefExecutiveOfficer.

InAugust2013,KaisareplacedLuoXudeasthepresidentandCEOofSiemens.

EnteringChina

SiemensAG(10photos)

1872:25yearsafterSiemenswasfounded,thatis,1872,andChinastartedBusinesscontacts.Siemens'firstorderinChinawastoprovidepointertelegraphstoChina,whichmarkedthedevelopmentofChina'smoderntelecommunicationsindustry.

1879:Siemensreceivedanorderfor"lightingequipment"fromtheChinesegovernment.Siemensprovideda10-horsepowersteamgeneratorforthelightingoftheShanghaiPort,whichgreatlyimprovedtheport’sworkefficiency.WernervonSiemensmentionedinalettertohisyoungerbrotherKarlonNovember3,1879thathewasveryconfidentthatChinawouldsoonorderlightingequipmentfromSiemens.

1899:Forfearofcausingfire,thesteamenginetrainconnectingBeijingandTianjinwasnotallowedtopassthroughthecapital.Asaresult,SiemensbuiltChina'sfirsttraminBeijing.ThistramtrackconnectsMajiapuoutsideBeijingwithHarderGateinsidethecity.Inthesameyear,SiemensbuiltChina'sfirstpowerplantinBeijingtoprovideelectricityforurbanlightingandtramtracks.

1904:TherapidexpansionofbusinessinChinapromotedSiemenstosetupitsfirstpermanentofficeinShanghai.ThiswasanimportantmilestoneforSiemens'businessinChina.

1910:SiemensfoundedSiemensChinaElectricalEngineeringCompany,headquarteredinBerlin,withbranchesinShanghai.Inthenextfouryears,SiemenswillexpanditsbusinesstoBeijing,Guangzhou,Wuhan,Harbin,HongKong,QingdaoandTianjin.In1914,thecompanychangeditsnametoSiemensChina(Shanghai).Siemens'businessinChina,especiallyinthepowersector,developedrapidlyintheearly20thcentury.SiemensexpandedtheShijingshanPowerPlantinthesuburbsofBeijing.

1921:SiemensbegantoimplementtheelectrificationprojectofZhongxingCoalMineCompanyinZaozhuang,ShandongProvince,whichwasknownasthefirstmodernminingprojectinChina.

1937:DuringtheJapaneseinvasionofChinaandtheNanjingMassacre,aninternationalsafetyzonewasestablishedandservedasthechairmanofthesafetyzonecommittee,protectingabout250,000Chinese.

1972:TheFederalRepublicofGermanyandthePeople'sRepublicofChinaestablisheddiplomaticrelations.ThishistoriceventpavedthewayfortherestorationoftraditionalfriendshipbetweenSiemensandChinaandlaidthefoundationforthedevelopmentandprosperityoffuturecooperation.In1972,thewardmonitoringsystemmadebySiemenswasgiventoChinaasagift.

InDecember1978,Siemensheldthe"ElectricalandElectronicTechnologyExpo"forthefirsttimeinShanghai.ThechairmanofthesupervisoryboardofSiemensatthattimeandthegreat-grandsonofthecompany'sfounderWernervonSiemenspersonallywenttoShanghaitocuttheribbonforthefairwiththeleadersofShanghai.Morethan39,000industrialtechnicalexpertsandguestsvisitedtheExpowithgreatenthusiasm.

1984:SiemensbuiltthefirstHVDCtransmissionlineforChina.Thistransmissionlinecantransmit1,200megawattsofelectricityfromtheGezhoubaHydropowerStation,thelargesthydroelectricpowerstationinChinaatthetime,locatedinthemiddlereachesoftheYangtzeRiver,toShanghai,thousandsofmilesaway.Thisprojectwascompletedin1989,markingSiemens'greatcontributiontothetransmissionofhigh-voltageDCpowerinChina,andalsoshowingSiemens'professionalismintheinstallationofhigh-techequipmentandthereliabilityofitsproducts.

1985wasamilestoneinthecooperationbetweenSiemensandChina.OnOctober29,1985,thetwopartiessignedthe"MemorandumofCooperationbetweenSiemensandthePeople'sRepublicofChinaintheFieldsofMechanicalIndustry,ElectricalEngineeringandElectronicsIndustry"inBeijing.Siemensisthefirstforeigncompanytobeinvitedtoconductsuchin-depthcooperationwithChina.

In1987,SiemensbegananexplorationofestablishingajointventurewithChina.OnOctober31,1988,SiemensreachedanagreementtoestablishthefirstproductionenterpriseinChinatoproducedigitalpublictelephoneexchangesystem(EWSD).Subsequently,BeijingInternationalSwitchingSystemCo.,Ltd.(BISC)wasannouncedinNovember1990tomeetthegrowingdemandforpublictelephonesystemsinChina.

In1988,Siemensdecidedtoestablishajointventuretoproducecomputedtomographysystems(CT).ThisagreementeventuallyledtotheestablishmentofSiemensMedicalDevicesCo.,Ltd.in1992,whichwasthefirstCTproductionbaseestablishedbySiemensoutsideofGermany.

In1995,Siemens(China)Co.,Ltd.establishedSiemens'firstthreeregionalofficesinChinainWuhan,FuzhouandGuangzhou.Siemensestablished13operatingcompaniesinChinainthesameyear.InJulyofthesameyear,thethenChinesePresidentJiangZeminvisitedSiemens'headquartersinMunichduringhisvisittoGermany.

In1996,SiemensintroducedthefirstSiemensmobilephoneS4producedinChinatotheChinesemarket.

InOctober1997,Siemensspeciallyheldacelebrationforthe125-yearcooperativerelationshipwithChina.Duringthecelebration,theSiemensSchoolofManagementwasestablishedtoprovideemployeeswithadvancedmanagementtraining,businessandskillsseminars,vocationalandbusinesseducationandtraining.

In1998,Chinasufferedanextraordinaryfloodthatwasunprecedentedinacentury.SiemensanditsemployeesdonatedmorethanRMB4.5milliontothevictimstohelpthemrebuildtheirhomes.

InAugust2001,SiemenssuccessfullyproducedthefirstSOMATOMHuanxingCTmachine,whichistheworld’smostcompactandmostcost-effectiveCTequipment.ItwasdevelopedbyChineseR&DpersonnelandSiemenslocatedinGermanyandtheUnitedStates.Co-developedbytheMedicalSystemGroupR&DCenter.ThisadvancedCTmachinemadeinChinafacesbothdomesticandforeignmarkets.

InOctober2006,SiemensChinaResearchInstitutewasformallyestablishedinBeijing.TheinstituteandtheSiemensAmericanResearchInstitutehavebecomeSiemens'twolargestandmostimportantresearchbasesoutsideofGermany.

In2007,theBureauofShanghaiWorldExpoCoordinationandSiemenssignedanagreementinShanghai,andSiemensofficiallybecamethe"GlobalPartnerofInnovativeInfrastructureandHealthcareforthe2010ShanghaiWorldExpoinChina."ThisisthefirstmultinationalcompanytoindependentlybecomeaglobalpartneroftheShanghaiWorldExpo.

TheSiemensCenter(Beijing)officiallyopenedonSeptember23,2008.TheSiemensCenter(Beijing)islocatedintheWangjingareainthenortheastofBeijing.Itincludesaheadquarterbuildingcoveringanareaof​​17,500squaremetersandtwofive-storyannexbuildings.This30-storybuildingwithaheightof123metersandatotalinvestmentof100millioneurosisoneofSiemens'largestinvestmentprojectsintheglobalrealestatefield.

In2013,aSiemensspokespersonsaidthataspartofthecompany's6billioneuros(approximatelyUS$8.1billion)costreductionplan,thecompanywilllayoff15,000employeesinthenextyear,ofwhichGermanyaccountedfor1/3.

OnMay8,2019,theGermanindustrialgroupSiemens(Siemens)statedthatitwilllayoffapproximately10,000employeesduringthemajoradjustmentofthespin-offofthenaturalgasandpowersectors,andwillcreatenewgrowthareasatthesametime.

CorporateValue

Bravelyassumeresponsibility

Committedtoethicalandresponsiblebehavior

Siemensstrivestomeetalllawsandregulations.Moralrequirements,and,wheneverpossible,westrivetoexceedtheserequirements.Ourresponsibilityistoconductbusinessinaccordancewiththehighestprofessionalandethicalstandardsandpractices:thecompanywillnevertolerateanynon-compliantbehavior.

Ourprincipleof"bearingresponsibility"canbecalledthecompassforustomakebusinessdecisions.Wemustalsoencourageourbusinesspartners,suppliersandotherstakeholderstofollowthesamehighethicalstandards.

Pursuingexcellence

Achievingoutstandingperformanceandoperationalresults

Thepursuitofexcellenceisthegoalwewilltryourbesttoachieveineverybusiness.Wesetthisambitiousgoalaccordingtothecompany'svision,andunderitsguidance,provideexcellentqualityandsolutionsthatexceedcustomerneeds.alwayslikethis.

Thepursuitofexcellencealsomeansattractingthebesttalentinthemarket.Wewillhelpthesetalentsacquirethevariousskillsneededtosucceedandprovidethemwithexcellentopportunitiestorealizetheirpotential.Wearecommittedtocreatingahigh-performancecorporateculture.

Thepursuitofexcellenceisnotonlyrelatedtoeverythingwedotoday,italsorequiresustofindawayofcontinuousimprovement.Thisrequiresustobeflexibleandproactiveinrespondingtochange,soastoensurethatwecanfirmlygraspnewopportunities.

Committedtoinnovation

Daretoinnovateandcreatesustainablevalue

InnovationhasbecomethecornerstoneofSiemens’businesssuccess.R&DisthebasicdrivingforceofSiemens'developmentstrategy.Astheholderofkeypatents,weareastrongpartnerforourcustomers,whetheritisamatureprocessoratechnologythatisunderdevelopment.Ourgoalistooccupythepositionoftechnologyleaderinmanybusinessesinvolved.

Weareacorporatecitizenwhoseinnovationbenefitstheworld.Weusethesuccessofourcustomerstomeasurethesuccessofourinnovation.Weconstantlyadjustourbusinessportfolioinordertoprovidesolutionstothemostseverechallengesfacedbyallmankind,sothatwecancreatesustainablevalue.

Byleadingthetrend,wecancompletelyreleasetheenergyandcreativityofouremployees.Wearefulloforiginalityandappreciateallthemeaningsofthisquality:originality,creativity,whimsy,etc.

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In1847,theGermanSiemensAGwasfounded.

In1872,Siemens’firstorderinChinawastoprovidepointertelegraphs,markingthebeginningofChina’smoderntelecommunicationsindustry.

In1879,SiemensmadeitsfirstorderinShanghai:toprovidea10-horsepowersteamgeneratorforShanghaiPort.

In1899,SiemensbuiltChina'sfirstpowerplantinBeijing,China'sfirsttram,andinstalledthefirstX-raymachineinChina.

In1904,SiemensrapidlyexpandeditsbusinessinChinaandestablisheditsfirstpermanentofficeinShanghai.

In1910,SiemenssuppliedtwogeneratorsetsforShilongba,China'sfirsthydropowerstation.

In1921,SiemensimplementedtheelectrificationprojectofZhongxingCoalMineCompanyinZaozhuang,Shandong,whichwascalledthefirstmodernminingprojectinChina.

In1937,JohnRabe,themanagerofSiemensNanjingOffice,servedasthechairmanoftheInternationalSafetyZone.Togetherwithotherinternationalfriends,heworkedwiththeInternationalCommitteeofNanjingSafetyZonetosavemorethan250,000lives.

Siemens AG

In1972,thePeople'sRepublicofChinaandtheFederalRepublicofGermanyestablisheddiplomaticrelations,andthewardinspectionsystemmadebySiemenswasgiventoChinaasagift.

In1978,Siemensheldthe"ElectricalandElectronicTechnologyExpo"forthefirsttimeinShanghai.

In1984,Siemensbuiltthefirsthigh-voltagedirectcurrenttransmissionlineforChinatotransportelectricityfromtheGezhoubaHydropowerStation,thelargesthydroelectricpowerstationinChinaatthattime,toShanghai,thousandsofmilesaway.

In1985,"MemorandumofUnderstandingonCooperationbetweenSiemensandthePeople’sRepublicofChinaintheFieldsofMachineryIndustry,ElectricalEngineeringandElectronicsIndustry"wassigned:Siemenswasthefirstforeigncompanytobeinvitedtoconductsuchin-depthcooperationwithChina.Siemensprovideselectricalequipmentfor300heavy-dutytrainlocomotivesinShanxiProvince.

In1989,SiemensparticipatedintheconstructionofShanghai’sfirstsubwayline-ShanghaiMetroLine1.

In1990,SiemensestablishedthefirstmanufacturingenterpriseinChina—BeijingInternationalSwitchingSystemCo.,Ltd.toproducepublictelephoneswitchingsystems

In1992,SiemensShanghaiMedicalEquipmentCo.,Ltd.Established,thisisthefirstcompanyestablishedbySiemenstoproducecomputedtomographysystemsoutsideofGermany.

In1994,Siemens(China)Co.,Ltd.wasestablishedinBeijing,anditwasthefirstholdingcompanyestablishedbyaforeign-fundedenterpriseinChina.

In1995,Siemensprovidedtransformers,generatorsandturbinesfortheThreeGorgesProject.

In1996,SiemensreceivedcontractstobuildpowerplantsinYangcheng,Shanxi,Fuzhou,Fujian,andHanfeng,Hebei,andbecameChina'slargestpowerequipmentsupplier.

In1998,SiemensChinaResearchInstitutewasformallyestablished.ThisresearchinstituteandSiemensAmericanResearchInstitutebecamethetwolargestandmostimportantR&DbasesofSiemensoutsideGermany.

In1999,SiemensprovidedkeyelectricalequipmentandcomprehensiveprojectmanagementfortheGuangzhouMetro,andthefastestnewspaperprintingmachineinChinaforNanpingCity,FujianProvince.

In2001,SiemensprovidedmailsortingequipmentforthemostmodernGuangzhouPostCenterinChina.

In2002,SiemensprovidedChinawiththemostadvancedmedicalequipment,includingtheinstallationofChina’sfirst16-sliceCTscannerSOMATOMSensation16,andtheinstallationofthefirstSiemensMagnetomTrio3TintheChineseAcademyofSciences.MRIScanningSystem

In2003,duringtheSARSoutbreakinChina,Siemensdonatedventilatorsandmobilephonesworth7millionRMB.

In2004,Siemensparticipatedintheconstructionoftheworld'sfirstShanghaimaglevhigh-speedtrainthatwasputintocommercialoperation.

In2005,SiemensMedicalestablishedtheSiemensMagneticResonanceParkinShenzhen.ThemagneticresonanceparkisanimportantpartofSiemens'globalmagneticresonanceoperationsystem.Provideoneoftheworld'slargestandmostadvancedbaggagehandlingsystemsforTerminal3ofBeijingInternationalAirport.

In2006,SiemensanditspartnersprovidedsignalandcommunicationequipmentandpowersupplysystemsforChina'sBeijing-Tianjinhigh-speedrail.

In2007,theSiemens(Shanghai)MedicalParkwithaninvestmentofRMB300millionwascompletedandputintooperation.

In2008,theSiemensCenter(Beijing)officiallyopened,whichisoneofSiemens'largestinvestmentprojectsintheglobalrealestatefield.

In2009,theYunnan-GuangdongHVDCtransmissionsystemwithsuper-largescaleandcapacityusingSiemenstechnologywasputintounipolaroperation.Thissystemistheworld'sfirst±800kVHVDCtransmissionsystem.

In2010,Siemens,asaglobalpartnerofthe2010ShanghaiWorldExpo,usedadvancedenergy-savingandenvironmentalprotectiontechnologytohelpbuildagreenandlow-carbonExpo,andwonthe"SpecialContributionGoldAward"andthe"BestExpoMarketingStarAward"".

In2011,thecompany'sEastChinaregionalheadquartersSiemensShanghaiCenterwasputintooperation.Thegreenbuildingwonthe"LEEDGoldAward"issuedbytheU.S.GreenBuildingCouncilandthe"NewHighStandardEnergy-SavingBuildingDemonstrationProject"issuedbytheShanghaiEnergy-savingBuildingOffice.".

In2012,theChengduproductionandR&DbaseofSiemensindustrialautomationproductsstartedconstructioninChengdu,Sichuan.ThisisthelargestmoderndigitalfactorysetupbySiemensinChina,andtheSiemensEmployeesVolunteerAssociation(SEVA)wasformallyestablished.

ProductsandServices

  • IndustrialAutomation

Atthebeginningofthefourthindustrialrevolution.Afterautomationisthedigitizationofproduction.Thegoalistoincreaseproductivity,efficiency,speed,andquality,sothatthecompanywillbemorecompetitiveontheroadtotheindustrialfuture.HereprovidesacomprehensiverangeofSiemensproductsinthefieldsofautomationtechnologyandproductiondigitization.

  • BuildingTechnology

SiemensBuildingTechnologyGroupcanprovideenergy-savingandsafebuildingsandfoundationsFacilitiessolutions.

  • Drivetechnology

Siemenscomprehensiveandreliableinverter,motor,couplingThecombinationofgearboxesandgearboxesissuitableforalmostallindustriesandapplications,meetingthehighestperformancestandardsandqualityrequirements.Thenewinterfacesandmodulesensurethatthedrivecomponentsarereadyfordigitization.Componentscanbeusedasstandardsystemsandcustomizedsolutionstomeetindividualneeds.

  • Energy

ApplicationsofSiemens’productportfoliocoveradvancedsmartgridsandpowerdistributionSystemdesign,financingandconstruction,tooperationandmaintenance.

  • Medical

Developandmanufacturemedicalequipment,suchasCTcomputertomographyscanners,angiographyEquipmentanddigitalmammographyequipment,etc.

  • Transportation

WithSiemens’long-termandreliabletransportationexpertiseandITknow-how,Continuouslydevelopnewintelligenttransportationsolutionstoincreasetheavailabilityofinfrastructure,optimizetrafficvolumeandimprovepassengerexperience.Throughourelectrification,automationanddigitalsolutions.

  • FinancialServices

Forenergy,industrialproduction,medicalcare,infrastructureconstructionorcitiesProvidefinancingsolutionsinareassuchasdevelopment.

  • Personalandhouseholdproducts

R&Dandmanufactureofhearingaidproducts,homeappliancesandhouseholdelectricalappliances.

  • Services

SiemenswillprovideuniqueservicesbasedonextensivetechnicalandindustrialexpertiseAndsupport.

Companysize

Infiscalyear2019(October1,2018toSeptember30,2019),Siemens’totalrevenueinChinareached8.4billioneuros,with35,000Morethanemployees.Asoffiscalyear2019,Siemenshas21R&DcentersinChina,morethan5,000R&Dandengineeringpersonnel,andapproximately13,200validpatentsandpatentapplications.

HonorsWon

OnJune6,2017,the"BrandZTop100MostValuableGlobalBrands2017"wasannounced,andSiemensranked77th.

OnJuly19,2018,theFortuneGlobal500listwasreleased,andSiemensranked66th.

InDecember2018,Siemensranked134thinthelistofthetop500worldbrandsin2018.

July2019,FortuneGlobal500in2019.

InOctober2019,Interbrandranked58inthetop100globalbrandslist.

October2019,thetop500globalnewenergycompaniesin2019.

January2020,theworld’stop500mostvaluablebrandsin2020.

InMay2020,the2020ForbesGlobal2000list.

July2020,Forbes'2020GlobalBrandValueTop100.

August2020,FortuneGlobal500in2020.

Companyculture

Values​​andvision

  • Braveresponsibility

Committedtoethicalandresponsiblebehavior.Siemensstrivestomeetalllegalandethicalrequirements,and,wheneverpossible,westrivetoexceedtheserequirements.Ourresponsibilityistoconductbusinessinaccordancewiththehighestprofessionalandethicalstandardsandpractices:thecompanywillnevertolerateanynon-compliantbehavior.

Thecompany'sprincipleof"bearingresponsibility"canbecalledthecompassforustomakebusinessdecisions.Wemustalsoencourageourbusinesspartners,suppliersandotherstakeholderstofollowthesamehighethicalstandards.

  • Pursueexcellence

Achieveoutstandingperformanceandoperationalresults.Thepursuitofexcellenceisthegoalwewilltryourbesttoachieveineveryfield.Wesetthisambitiousgoalaccordingtothecompany'svision,andunderitsguidance,provideexcellentqualityandsolutionsthatexceedcustomerneeds.alwayslikethis.

Thepursuitofexcellencealsomeansattractingthebesttalentinthemarket.Wewillhelpthesetalentsacquirethevariousskillsneededtosucceedandprovidethemwithexcellentopportunitiestorealizetheirpotential.Wearecommittedtocreatingahigh-performancecorporateculture.

Thepursuitofexcellenceisnotonlyrelatedtoeverythingwedotoday,italsorequiresustofindawayofcontinuousimprovement.Thisrequiresustobeflexibleandproactiveinrespondingtochange,soastoensurethatwecanfirmlygraspnewopportunities.

  • Committedtoinnovation

Daretoinnovateandcreatesustainablevalue.InnovationhasbecomethecornerstoneofSiemens'businesssuccess.R&DisthebasicdrivingforceofSiemens'developmentstrategy.Astheholderofkeypatents,weareastrongpartnerforourcustomers,whetheritisamatureprocessoratechnologythatisunderdevelopment.Ourgoalistooccupythepositionoftechnologyleaderinmanybusinessesinvolved.

Weareacorporatecitizenwhoseinnovationbenefitstheworld.Weusethesuccessofourcustomerstomeasurethesuccessofourinnovation.Weconstantlyadjustourbusinessportfolioinordertoprovidesolutionstothemostseverechallengesfacedbyallmankind,sothatwecancreatesustainablevalue.

Byleadingthetrend,wecancompletelyreleasetheenergyandcreativityofouremployees.Wearefulloforiginalityandappreciateallthemeaningsofthisquality:originality,creativity,andwhimsy.

Relevantinformation

  • Siemensre-adjustedpersonneltoappointanewCFO

OnSeptember23,2013,SiemensAGmadeanotherpersonneladjustment.RalfThomaswasappointedastheCFO(ChiefFinancialOfficer),whichwilltakeeffectfromtoday.Atthesametime,KlausHelmrichwasappointedasthelabordirectorofSiemensAGandwillcontinuetoserveastheCTO(ChiefTechnologyOfficer).

  • Promotetheeconomicconstructionofthewest,SiemenstakesrootinChengdu

SiemensonSeptember26,2013Thecompanydecidedtolocatetheworld'sleadingindustrialautomationR&DandproductionbaseinChengdu,andestablishSiemens'largestdigitalfactoryinChina.ThereasonforchoosingtobuildafactoryinChengduisthat,ontheonehand,Chengdu,asthecoretowninthewesternregion,hasalwaysbeenanimportantmarketforSiemens;ontheotherhand,itisalsobasedonthehighrecognitionofChengdu’sinvestmentenvironment.Theadvantagesinlogistics,transportationandinfrastructurearealsoimportantreasonsforattractingSiemenstotakerootinChengdu.

  • 15,000jobswillbelaidoffinthenextfiscalyear,Germanywillaccountforone-third

2013OnSeptember30,2009,Siemensannouncedthatitwouldlayoff15,000employeeswithinthenextyear,ofwhichone-thirdwillcomefromGermany.ASiemensspokespersonsaidthelayoffplanisalsopartofthecompany's6billioneuros(approximatelyUS$8.1billion)costreductionplan.

  • Siemensfirstlaunchedanenergy-savingbenefitsharingbusinessmodeltohelpLonggang'senergy-savingtransformation

4,2013InSeptember,SiemenssignedthefinalcontractwithShaanxiLonggangProject.Throughtheenergy-savingbenefitsharingbusinessmodel,SiemensandLonggangwillsharetheenergy-savingrevenueproportionallyfromtheelectricitybillssavedbythesinteringfaneveryyearforaperiodof6yearstorepaySiemens'equipmentcosts.Attheendofthe6-yearperiod,theequipmentwillbeownedbyLonggang,andSiemenswillwithdrawfromtheshare,andthesubsequentincomegeneratedbythesinteringmachinewillbeownedbyLonggang.

  • SiemenssignedastrategiccooperationagreementwithInnerMongoliaUlanCementandSouthernInternationalLeasingCo.,Ltd.

OnJune2,2006,Siemens(China)Co.,Ltd.,InnerMongoliaUlanCementGroupandSouthInternationalLeasingCo.,Ltd.heldasigningceremonyinBeijingtosignthe"UlanCement,Siemens,SouthLeasingFrameworkCooperationAgreementforIntegratedEnergy-savingProjects,"SouthernLeasingandSiemensStrategicCooperationAgreementonEnergy-savingProjects","LeasingContractsbetweenWulanCementandSouthernLeasingforEnergy-savingProjects",and"SouthernLeasingandShanghaiSiemensIndustrialAutomationEngineeringCo.,Ltd."SaleContract"andaseriesofstrategicagreements.Thesigningofthisagreementisofgreatsignificancetopromotethedevelopmentofmycountry'senergy-savingserviceindustry.

  • Quitthehomeapplianceindustry

InSeptember2014,SiemensAGandBoschGroupreachedanagreementAgreement:RobertBoschwillacquire50%ofthesharesofBoschandSiemensHomeAppliancesGroup(BoschHomeAppliances),ajointventureheldbySiemens.Afterthetransactioniscompleted,BoschHomeApplianceswillbecomeawholly-ownedsubsidiaryofBoschGroup.SiemenswillcompletelyExitthefieldofhomeappliances.ThesaleofthehomeappliancebusinessisoneofSiemens'focusonelectrification,automationanddigitalizationstrategy.

OnSeptember25,2014,SiemensAGofGermanyannouncedthatitwouldsellits50%stakeinthejointventureBoschSiemensHomeAppliancesGroup(BoschHomeAppliances)toBoschGroupfor3billioneurosThetransactionisexpectedtobecompletedinthefirsthalfof2015.Bythen,Siemenswillcompletelywithdrawfromthefieldofhomeappliancesandfocusoncorebusinessessuchasindustry,energy,andmedicalcare.

  • Redundancies

OnMay7,2015,SiemensAGannouncedthatduetoThebusinessdepartmentwasreorganizedand4,500employeeswerelaidoff,ofwhichabout2,200werelaidoffinGermany.Thespecificpositionsthatwillbeabolishedarenotyetclear.

OnMay8,2015,GermanindustrialgroupSiemens(Siemens)statedonthe8ththatitwouldlayoffapproximately10,000employeesinamajoradjustmenttospinoffthenaturalgasandpowersectors.

  • Newhigh-speedrailtrain

OnJune13,2018,SiemenswasinWestGermany.TherailwaybaseinRefeldshowedthenewhigh-speedtrain"VelaroNovo"forthefirsttime."VelaroNovo"istheresultofSiemens'researchanddevelopmentoverthepastfiveyears,andithasabreakthroughadvantage.Theinvestmentcostofthenewhigh-speedtrainis20%lowerthanthebudget.Thetrainisdesignedinaccordancewiththeprincipleof"airtrafficcontrol".Thereisnofixedinteriordesignandcanbesetaccordingtothecustomer'sideas.Thetrainisequippedwithmoreintelligenttechnology,whichcanautomaticallysendoutearlywarningsformaintenance,railwayconditions,damageandothersituations.The"VelaroNovo"high-speedrailtrainisexpectedtobeofficiallyputintooperationin2023.

  • AttheChinaInternationalImportExpo

November5,2020,thethirdAttheChinaInternationalImportExpo,SiemensHealthcaretook"shapingthefutureofthemedicalindustry"asitstheme,andthroughthecompany'smainboothandtheboothofthepublichealthandepidemicpreventionzone,itcomprehensivelypresentedtheforesightinthefieldsofmedicalimaging,laboratorydiagnosis,clinicaltreatment,anddigitalmedicaltechnologyservices.Technology,innovativeresults,overallsolutions,andtheircontributiontothefightagainstthenewcrownpneumoniaepidemic,helprealizethevisionof"HealthyChina2030".

CorporateHonor

InJuly2019,theFortuneGlobal500listwasreleased,andSiemensranked70th.

InOctober2019,Interbrandranked58inthetop100globalbrands.

OnOctober22,2019,the"Top500GlobalNewEnergyCompaniesin2019"wasreleased,andSiemensrankedthird.

InJanuary2020,thelistoftheworld's500mostvaluablebrandsin2020wasreleased,andSiemensranked84th.

OnMay13,2020,Siemensranked62ndonthe2020ForbesGlobal2000list.

OnJuly28,2020,Siemensranked53rdintheForbes2020Global100BrandValue.

OnAugust10,2020,Siemens(SIEMENS)ranked74thontheFortuneGlobal500listin2020.

InMay2021,Siemensranked68thinthe"2021ForbesGlobal2000".

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